Nick Lombardo
About Nick Lombardo
Nick Lombardo is the Co-Founder and President of a company focused on innovative financial solutions for startups, introducing products like Arc Platinum and Venture Debt, and increasing FDIC coverage for client security.
Nick Lombardo: Co-Founder & President
Nick Lombardo holds the position of Co-Founder and President, actively shaping the strategic direction and innovation of the company. He has spearheaded several crucial initiatives to enhance the financial landscape for startups. His leadership emphasizes the need for modern and efficient financial solutions tailored to the unique needs of fledgling companies.
Innovative Launches and Services by Nick Lombardo
Nick Lombardo has been instrumental in launching a variety of services aimed at supporting startups. These include the introduction of Arc Platinum, a premium cash management experience, and the Yield Accounts offering market-leading rates. Additionally, he launched Runway by Arc, a platform designed for software founders, and advanced initiatives like Arc Analytics to help improve business fundamentals.
Speaking Engagements and Industry Contributions
Nick Lombardo has shared his expertise on multiple high-profile platforms. He was featured in the WebSummit Rio Panel discussing the future of generative AI and spoke about managing SaaS products at WebSummit Rio '23. His insights have also been shared at Next Play Capital’s Fellowship Program Class and during The Alternatives to Traditional Banking CES Panel Recap.
Support for Startups in Financial Crises
Nick Lombardo has been proactive in supporting startups during financial crises. Notably, he supported startups affected by the failures of First Republic Bank and SVB. He also highlighted the importance of treasury management and introduced measures to safeguard startups' deposits, increasing FDIC coverage to $5.25 million.
Awards and Company Recognition
Under Nick Lombardo’s leadership, the company has received significant accolades, including being ranked as the #5 Best Startup to Work For in San Francisco. The company was also recognized as an Innovative Startup Funding Provider, which underscores Nick's commitment to advancing startup finance and providing cutting-edge financial solutions.
Strategic Initiatives and Insights
Nick Lombardo has launched strategic initiatives aimed at financial and operational excellence. He introduced Arc Advance Plus and the Default Alive Coalition, and announced Arc’s $20M Series A funding to bolster startup growth. His insights on startup valuations in a rising interest rate environment and the future of startup finance mark significant contributions to the startup ecosystem.